Depop is a peer-to-peer social e-commerce marketplace focused on fashion resale, primarily targeting Gen Z and Millennial buyers and sellers. Founded in 2011 by Simon Beckerman at Italian startup incubator H-Farm and headquartered in London, the platform blends Instagram-style social discovery with marketplace transactions, allowing users to buy and sell secondhand, vintage, and independent fashion. As of 2025, Depop reported roughly $1 billion in annual gross merchandise sales, 7 million active buyers (nearly 90% under age 34), and over 3 million active sellers. Depop was acquired by Etsy in July 2021 for $1.625 billion and has operated as a standalone marketplace under Etsy. On February 18, 2026, Etsy announced a definitive agreement to divest Depop to eBay for approximately $1.2 billion in cash, with the transaction expected to close in Q2 2026.
Depop has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2011
Employees
Approximately 400
Total Funding
$105.25M
4 rounds
Latest Valuation
$1.6B
June 6, 2019
Total raised $105.25M across 4 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 05-11-2026
Latest Round
Type
Series C
Date
June 6, 2019
Amount
$62M
Valuation
—
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| June 6, 2019 | Series C | $62M | — | General Atlantic |
| January 23, 2018 | Series B | $20M | — | Octopus Ventures |
| September 19, 2016 | Series A extension | $8.25M | — | Creandum |
Peter Semple
Chief Executive Officer
Simon Beckerman
Founder
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Vinted
European-headquartered C2C secondhand fashion marketplace and one of Depop's largest peer-to-peer rivals across Europe and the U.S.
Poshmark
U.S.-based social commerce marketplace for new and secondhand fashion, owned by Naver; a primary competitor in North American resale.
ThredUp
Managed-marketplace consignment platform for secondhand apparel; public competitor in U.S. resale.
The RealReal
Authenticated luxury consignment marketplace focused on higher-end secondhand fashion and accessories.
Mercari
Japan-founded peer-to-peer marketplace for general goods including fashion, competing with Depop in the U.S. and globally.
Grailed
Men's and curated streetwear/designer-focused peer-to-peer resale marketplace; owned by GOAT Group.
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